BRIEF-Yahoo Japan to set up investment partnership

* Says it to set up an investment partnership in Tokyo with

wholly owned subsidiary YJ Capital Inc. in late May

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BRIEF-SATORI ELECTRIC's CEO change

* Says it appoints Hiroyuki Satori who is current president

and COO as new president and chief executive officer (CEO) to

succeed Kuzutitoshi Ueda who is currnet chairman of the board

and CEO

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S-MAC completes issuance of 2 bln won worth of convertible bonds

* Says it has completed the issuance of its third

convertible bonds as of May 17

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MIDEAST STOCKS-Gulf may trade narrowly, supported by oil

DUBAI, May 17 (Reuters) - Gulf bourses may trade narrowly on

Tuesday as oil prices remain firm but there is a lack of other

news to stimulate activity.

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COLUMN-Buffett shows we are all tech investors now: James Saft

May 17 (Reuters) - Warren Buffett's stake in Apple

illustrates not just how the two principals have changed, but,

rather, how the world has changed.

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Taiwan begins review of Chinese Tsinghua's chip stake deals in island

TAIPEI, May 17 (Reuters) - Taiwanese regulators have begun

reviewing Chinese state-backed Tsinghua Unigroup's proposals to

buy stakes worth nearly $1 billion in two domestic semiconductor

companies, a Taiwan government representative said on Tuesday.

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S.Korea won up on renewed risk demand, stocks edge down

* Won recovers; U.S. consumer price index eyed

* KOSPI dithers on investors' profit-taking

SEOUL, May 17 (Reuters) - The South Korean won edged

up on Tuesday morning, recovering from two days of sharp

declines as global oil prices and U.S. stocks strengthened

overnight, boosting investor demand for riskier assets.

The won traded at 1,173.4 per dollar as of 0207

GMT, up 0.5 percent compared to Monday's close of 1,179.7

Jung Sung-yoon, a foreign exchange analyst at Hyundai

Future

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